Bankruptcy Law Questions? Ask a Bankruptcy Lawyer.
The bankruptcy trustee can avoid your boyfriend's quitclaim and seize his interest in the home. However, if the home has less than $125,000 net equity, then it is exempt from sale during bankruptcy. So there is no reason to transfer his ownership to you, because the house is not at risk.
Your boyfriend should discuss any proposed transfer of assets with his bankruptcy attorney, because generally, most transfers made without receiving "reasonably equivalent value" in exchange, will be deemed fraudulent by the bankruptcy court.
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